Question

Read the extracts and Answer the following questions. Globalisation is the 4 p
process of rapid integration of countries. This is happening through
greater foreign trade and foreign investment. MNCs are playing a major
role in the globalisation process. More and more MNCs are looking for
locations around the world that are cheap for their production. As a result,
production is being organised in complex ways. Technology, particularly IT,
has played a big role in organising production across countries. In
addition, liberalization of trade and investment has facilitated globalisation
by removing barriers to trade and investment. At the international level,
WTO has put pressure on developing countries to liberalize trade and
investment. While globalisation has benefited well-off consumers and also
producers with skill, education and wealth, many small producers and
workers have suffered as a result of the rising competition. Fair
globalisation would create opportunities for all, and also ensure that the
benefits of globalisation are shared better. i. Describe the Globalisation in
your own words. spli. Describe the role of MNC's in Globalisation. spilli,
How technology helps in Globalisation. se iv. Suggest some measures to
ensure fair Globalisation. SEP​

Answer 1

Answer:

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Explanation:

mark as branlist